The media reports can be alarming, can't they? You will see headlines about sky rocketing interest rates and what effect it will have on the housing market. The truth is that intrest rates have had a slight increase. The bank told me today a 30 year fixed rate mortgage is 4.5 percent. This is a little more than what we are used to, but still an incredible deal if you are considering buying. If you are, consider Freedom Realty. We will help you find your dream home.